September 22, 2014, 6:10 am
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1 Philippine Peso = 0.08257 UAE Dirham
1 Philippine Peso = 2.43761 Albanian Lek
1 Philippine Peso = 0.04024 Neth Antilles Guilder
1 Philippine Peso = 0.18889 Argentine Peso
1 Philippine Peso = 0.02509 Australian Dollar
1 Philippine Peso = 0.04024 Aruba Florin
1 Philippine Peso = 0.04496 Barbados Dollar
1 Philippine Peso = 1.74011 Bangladesh Taka
1 Philippine Peso = 0.03427 Bulgarian Lev
1 Philippine Peso = 0.00848 Bahraini Dinar
1 Philippine Peso = 34.66727 Burundi Franc
1 Philippine Peso = 0.02248 Bermuda Dollar
1 Philippine Peso = 0.0285 Brunei Dollar
1 Philippine Peso = 0.15535 Bolivian Boliviano
1 Philippine Peso = 0.0532 Brazilian Real
1 Philippine Peso = 0.02248 Bahamian Dollar
1 Philippine Peso = 1.36747 Bhutan Ngultrum
1 Philippine Peso = 0.20494 Botswana Pula
1 Philippine Peso = 236.84802 Belarus Ruble
1 Philippine Peso = 0.04485 Belize Dollar
1 Philippine Peso = 0.02462 Canadian Dollar
1 Philippine Peso = 0.02101 Swiss Franc
1 Philippine Peso = 13.43076 Chilean Peso
1 Philippine Peso = 0.13802 Chinese Yuan
1 Philippine Peso = 44.59308 Colombian Peso
1 Philippine Peso = 12.18413 Costa Rica Colon
1 Philippine Peso = 0.02248 Cuban Peso
1 Philippine Peso = 1.90153 Cape Verde Escudo
1 Philippine Peso = 0.47907 Czech Koruna
1 Philippine Peso = 4.07374 Djibouti Franc
1 Philippine Peso = 0.12962 Danish Krone
1 Philippine Peso = 0.98291 Dominican Peso
1 Philippine Peso = 1.82048 Algerian Dinar
1 Philippine Peso = 0.27241 Estonian Kroon
1 Philippine Peso = 0.1607 Egyptian Pound
1 Philippine Peso = 0.44818 Ethiopian Birr
1 Philippine Peso = 0.01741 Euro
1 Philippine Peso = 0.04269 Fiji Dollar
1 Philippine Peso = 0.01368 Falkland Islands Pound
1 Philippine Peso = 0.01367 British Pound
1 Philippine Peso = 0.07762 Ghanaian Cedi
1 Philippine Peso = 0.89029 Gambian Dalasi
1 Philippine Peso = 157.82374 Guinea Franc
1 Philippine Peso = 0.17355 Guatemala Quetzal
1 Philippine Peso = 4.62455 Guyana Dollar
1 Philippine Peso = 0.17426 Hong Kong Dollar
1 Philippine Peso = 0.47599 Honduras Lempira
1 Philippine Peso = 0.13282 Croatian Kuna
1 Philippine Peso = 1.0234 Haiti Gourde
1 Philippine Peso = 5.42525 Hungarian Forint
1 Philippine Peso = 270.03147 Indonesian Rupiah
1 Philippine Peso = 0.0819 Israeli Shekel
1 Philippine Peso = 1.36634 Indian Rupee
1 Philippine Peso = 26.11286 Iraqi Dinar
1 Philippine Peso = 599.5054 Iran Rial
1 Philippine Peso = 2.68683 Iceland Krona
1 Philippine Peso = 2.52878 Jamaican Dollar
1 Philippine Peso = 0.01594 Jordanian Dinar
1 Philippine Peso = 2.4523 Japanese Yen
1 Philippine Peso = 2.00315 Kenyan Shilling
1 Philippine Peso = 1.21082 Kyrgyzstan Som
1 Philippine Peso = 91.38939 Cambodia Riel
1 Philippine Peso = 8.56203 Comoros Franc
1 Philippine Peso = 20.23381 North Korean Won
1 Philippine Peso = 23.47122 Korean Won
1 Philippine Peso = 0.00645 Kuwaiti Dinar
1 Philippine Peso = 0.01844 Cayman Islands Dollar
1 Philippine Peso = 4.09049 Kazakhstan Tenge
1 Philippine Peso = 180.92401 Lao Kip
1 Philippine Peso = 34.00405 Lebanese Pound
1 Philippine Peso = 2.92884 Sri Lanka Rupee
1 Philippine Peso = 1.89973 Liberian Dollar
1 Philippine Peso = 0.24955 Lesotho Loti
1 Philippine Peso = 0.06011 Lithuanian Lita
1 Philippine Peso = 0.01223 Latvian Lat
1 Philippine Peso = 0.02751 Libyan Dinar
1 Philippine Peso = 0.19375 Moroccan Dirham
1 Philippine Peso = 0.32374 Moldovan Leu
1 Philippine Peso = 1.07419 Macedonian Denar
1 Philippine Peso = 22.1223 Myanmar Kyat
1 Philippine Peso = 41.13085 Mongolian Tugrik
1 Philippine Peso = 0.17949 Macau Pataca
1 Philippine Peso = 6.53103 Mauritania Ougulya
1 Philippine Peso = 0.70255 Mauritius Rupee
1 Philippine Peso = 0.34577 Maldives Rufiyaa
1 Philippine Peso = 8.95481 Malawi Kwacha
1 Philippine Peso = 0.29789 Mexican Peso
1 Philippine Peso = 0.07276 Malaysian Ringgit
1 Philippine Peso = 0.24829 Namibian Dollar
1 Philippine Peso = 3.67693 Nigerian Naira
1 Philippine Peso = 0.59139 Nicaragua Cordoba
1 Philippine Peso = 0.14216 Norwegian Krone
1 Philippine Peso = 2.19312 Nepalese Rupee
1 Philippine Peso = 0.02762 New Zealand Dollar
1 Philippine Peso = 0.00866 Omani Rial
1 Philippine Peso = 0.02248 Panama Balboa
1 Philippine Peso = 0.06432 Peruvian Nuevo Sol
1 Philippine Peso = 0.05567 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.31025 Pakistani Rupee
1 Philippine Peso = 0.07311 Polish Zloty
1 Philippine Peso = 96.961 Paraguayan Guarani
1 Philippine Peso = 0.08187 Qatar Rial
1 Philippine Peso = 0.07672 Romanian New Leu
1 Philippine Peso = 0.86464 Russian Rouble
1 Philippine Peso = 15.46763 Rwanda Franc
1 Philippine Peso = 0.08433 Saudi Arabian Riyal
1 Philippine Peso = 0.16532 Solomon Islands Dollar
1 Philippine Peso = 0.29342 Seychelles Rupee
1 Philippine Peso = 0.12798 Sudanese Pound
1 Philippine Peso = 0.15944 Swedish Krona
1 Philippine Peso = 0.0285 Singapore Dollar
1 Philippine Peso = 0.01368 St Helena Pound
1 Philippine Peso = 0.49924 Slovak Koruna
1 Philippine Peso = 98.06655 Sierra Leone Leone
1 Philippine Peso = 18.54766 Somali Shilling
1 Philippine Peso = 426.82104 Sao Tome Dobra
1 Philippine Peso = 0.19665 El Salvador Colon
1 Philippine Peso = 3.53979 Syrian Pound
1 Philippine Peso = 0.24813 Swaziland Lilageni
1 Philippine Peso = 0.72504 Thai Baht
1 Philippine Peso = 0.03994 Tunisian Dinar
1 Philippine Peso = 0.04326 Tonga Pa'ang
1 Philippine Peso = 0.05017 Turkish Lira
1 Philippine Peso = 0.1427 Trinidad Tobago Dollar
1 Philippine Peso = 0.68011 Taiwan Dollar
1 Philippine Peso = 37.46628 Tanzanian Shilling
1 Philippine Peso = 0.30193 Ukraine Hryvnia
1 Philippine Peso = 58.72302 Ugandan Shilling
1 Philippine Peso = 0.02248 United States Dollar
1 Philippine Peso = 0.54586 Uruguayan New Peso
1 Philippine Peso = 53.04766 Uzbekistan Sum
1 Philippine Peso = 0.14136 Venezuelan Bolivar
1 Philippine Peso = 476.50629 Vietnam Dong
1 Philippine Peso = 2.17401 Vanuatu Vatu
1 Philippine Peso = 0.05316 Samoa Tala
1 Philippine Peso = 11.41604 CFA Franc (BEAC)
1 Philippine Peso = 0.0607 East Caribbean Dollar
1 Philippine Peso = 11.46133 CFA Franc (BCEAO)
1 Philippine Peso = 2.08183 Pacific Franc
1 Philippine Peso = 4.8315 Yemen Riyal
1 Philippine Peso = 0.24942 South African Rand
1 Philippine Peso = 116.67041 Zambian Kwacha
1 Philippine Peso = 8.13624 Zimbabwe dollar

US okays deal making biggest miller bigger

WASHINGTON - ConAgra Foods Inc, Cargill Inc and CHS Inc won U.S. antitrust approval on Tuesday to merge their North American flour mill operations after agreeing to sell four mills to a Japanese company.
 
The companies had announced in March 2013 that ConAgra Foods Inc would join Horizon Milling, a joint venture of Cargill Inc. and CHS Inc that is the largest flour miller in America. CHS is owned by farmers and cooperatives. The combined company will be called Ardent Mills.
 
Horizon Milling is already the largest U.S. flour miller, Archer Daniels Midland is the second-largest and ConAgra is No. 3.
 
To secure Justice Department approval, the grain and food-handling companies agreed to sell four mills to Miller Milling Co, a U.S.-based unit of Tokyo-based Nisshin Flour Milling Inc, which is a subsidiary of Nisshin Seifun Group Inc.
 
The mills to be sold are Horizon’s facility in Los Angeles and ConAgra’s facilities in Oakland, California; Saginaw, Texas; and New Prague, Minnesota.
 
“Without the Antitrust Division’s required divestitures, the creation of Ardent Mills would have resulted in less competition in the sale of wheat flour, resulting in customers, such as industrial bakers and food service companies, paying higher prices for wheat flour,” said Renata Hesse, a deputy assistant attorney general at the Antitrust Division.
 
The three companies are pleased with the approval, and the new entity will begin operations around the end of May, the companies said in a joint release. Under agreement with the Justice Department, this cannot be done until the four mills are sold.
 
“We strongly believe in the merits of this transaction and the benefits it will bring to customers, consumers, wheat suppliers, shareholders and employees,” said Paul Maass, president of Private Brands and Commercial Foods for ConAgra Foods.
 
Patrick Woodall of Food and Water Watch, which has asked for the deal to be blocked, said the required asset sale was inadequate since Ardent would have five of seven mills in the northeastern United States, between Boston and northern Pennsylvania.
 
And even with the divestiture of a Minnesota mill, Ardent will still have half of the flour mills in the St. Paul-Minneapolis area, he said.
 
Horizon, which is owned by Cargill and CHS, has 20 mills that can produce about 27 million pounds of flour a day while ConAgra’s 21 mills can produce 23 million pounds of flour, the Justice Department said in a court filing.
 
In afternoon U.S. trading, Conagra shares were down 0.4 percent and CHS shares were down 0.2 percent. 
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Column of the Day

Eliminate Binay to level playing field for 2016?

By ELLEN TORDESILLAS | September 22,2014
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‘Or put more realistically, to give pro-Aquino supporters a fighting crack at the presidency.’

Opinion of the Day

Witch hunt!

By AMADO P. MACASAET | September 22, 2014
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‘The fact of life in the Philippines in relation to taxes is that most everybody tries to cheat even if he  doesn’t want to.’
 
thought